Loma Negra publishes 4Q25 earnings call transcript
LOMA•Loma Negra reported fourth-quarter adjusted EBITDA down 33.4% to ARS 44 billion, with a 19.7% margin, and full-year adjusted EBITDA down 24% to ARS 181 billion. Management expects infrastructure and energy investments to support volumes progressively in 2026.
1. Fourth-quarter results
On its March 6, 2026, fourth-quarter 2025 earnings call, Loma Negra reported adjusted EBITDA of ARS 44 billion, down 33.4%, while its margin narrowed 938 basis points to 19.7% amid higher costs and softer pricing.
2. Full-year and outlook
Full-year adjusted EBITDA declined 24% to ARS 181 billion. Cement volumes rose 2.5% despite a slower-than-expected recovery. Management expects infrastructure and energy investments to support volumes progressively in 2026, though announced projects have not yet lifted demand.
3. Bond issuance
A USD 60 million Class 6 corporate bond issued in January carries a 6.5% interest rate and fully covers this year’s US-dollar maturities.
